You are here

Blackstone, Gaw Capital mull bids for Ascendas Hospitality Trust

BlackstoneGroupLP.jpg
Private equity investors Blackstone Group LP and Gaw Capital Partners are weighing separate bids for Singapore's Ascendas Hospitality Trust, people familiar with the matter said, eyeing a target with a market value of US$600 million.

Singapore

PRIVATE equity investors Blackstone Group LP and Gaw Capital Partners are weighing separate bids for Singapore's Ascendas Hospitality Trust, people familiar with the matter said, eyeing a target with a market value of US$600 million.

The potential offers are being